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SEC-registered firm

Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.

Thrivent Advisor Network, LLC

Minneapolis, MN

CRD 304569

Firm filing updated June 25, 2026 ·

  • $6.8BAssets
  • 119Advisory staff
  • 25,415Accounts

Fees and minimums

  • Hourly feesAsk the firm for the rate
All fee types on the form
  • Percentage of assets under managementYes
  • Hourly chargesYes
  • Fixed feesYes
  • Subscription fees (for a newsletter or periodical)No
  • CommissionsNo
  • Performance-based feesNo
  • OtherNo

Who the firm serves

See the client table
Clients by type
Client typeApproximate number of clientsAssets
Individuals (other than high net worth)13,130$3.7 billion
High net worth individuals1,481$3.0 billion
Pension and profit sharing plans (but not the plan participants or government pension plans)Fewer than 5 clients$10.3 million
Charitable organizations62$93.7 million
Corporations or other businesses not listed above59$39.9 million
What the client labels mean

Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.

Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
See all 5 services
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops
  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops

Assets and accounts

  • Regulatory assets$6.8 billion
  • Accounts25,415
  • Discretionary$6.8 billion · 25,020 accounts
  • Non-discretionary$47.0 million · 395 accounts

People

  • Employees119
  • Advisory staff119
  • Broker-dealer reps84
  • Licensed insurance agents85
  • Planning clients2,000
Registration details
  • SEC-registered investment advisor. CRD 304569, SEC file 801-117013.
  • Registered with the SEC as an investment advisor (status date on record: July 24, 2019).

Is Thrivent Advisor Network, LLC a fiduciary?

Short answer: Thrivent Advisor Network, LLC is registered with the SEC as an investment advisor.

More detail

Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.

The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'

Some of the firm's people may also act for a broker-dealer: 84 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.

85 staff are licensed insurance agents, the firm is itself an insurance broker or agent and the firm has a related insurance company or agency.

The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.

About this data

Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.

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